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"Organizations need to be more nimble and quick with how they use risk information. We need to break down the siloes, become more transparent, link things together, so that everyone understands what’s happening. The value of technology comes from the efficiency it brings, as well as the costs and time …
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"When we have our process risk controls and taxonomies and organization all inside MetricStream, when audit goes to audit now, that data will be there. So immediately your auditor will be happier because they don't have to spend 20 30 40 hours building RCM and checking and all that stuff. …
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"Embarking on a GRC program was really about delivering value and making sure we are not spending resources unnecessarily. We also wanted to enable the different lines of defense to deliver on their individual accountability."
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"What drove us to go down the MetricStream route. We had 3 main drivers for change. The first of those was efficiency. The manual system was effective but it was very labor intensive, it was time consuming. There was a lot of people involved in moving a lot of paper …
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"Technology is a key enabler. Without data that is accurate, timely, and meaningful, we are blind to our risks. Leveraging technology like MetricStream helps us gather the data that we need to make informed decisions.”
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"One of the highlights of our GRC implementation is the successful use of the survey module as a global first level assurance activity. In the last 6 months alone, we've completed close to 10,000 first line assurance verification. This is supporting our control testing and eventually helping us to demonstrate …
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"We are happy to say our compliance to incident reporting and tracking in the new software is now at 96%, previously in the first edition, it was 4%. Our action tracking today is at 89% and previously it was I think 17%."
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"We are operating on one single system which gives us the ability to act prior to any incident. {This also gives us the} ability through our assurance activity to demonstrate we have a high degree of operational discipline across all areas of our business."
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"At Infigen Energy, we hold ourselves to the highest standards of corporate governance, risk management and compliance. In order to stay ahead of various changes in our risk and regulatory environment we require the support of an integrated and agile solution. Of the vendors we evaluated MetricStream offered the most …
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“We are extremely pleased with the ease with which we were able to go live with the MetricStream solution. Their professional services organization worked very closely with the Institution to configure the solution to map to our business process flows in a very short amount of time. It speaks volumes …
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"MetricStream provides leaders with a comprehensive, real-time view of all the compliance events and trends in their offices, thus enabling more transparency than ever before."
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“For the first time the company had a complete inventory of the organization’s risk. That helped us recognize early on that MetricStream solution is well conceived and tremendously efficient.”
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"The MetricStream GRC Solution has helped us automate our entire audit process from planning, implementation, follow-ups and production of reports."
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"Manal Al Sarraf, Head of Internal Audit, Batelco, describes the Governance, Risk and Compliance (GRC) challenges that the telecom industry currently faces and what they need to do as a company in order to overcome them. She also talks about the benefits she’s getting by being a part of the …
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“The MetricStream professional services organization enabled us to go live with the document management solution in a very smooth manner. We are very happy with our choice of MetricStream and look forward to deploying their CAPA and OOS applications as well to continue to automate our cGMP processes and significantly …